Finance Hour On J-air

Episode 40 -  The only way is up Tim Farrelly is the founder and Principal of Farrelly’s Investment Strategy, an independent investment advisory firm based in Sydney, Australia. Since 2003, his company has helped countless investors create dynamic investment portfolios through their subscription and consultation services. Tim joins me today to discuss why the only way is up regarding interest rates and the potential impact it can have on borrowers and investors. He explains why banks are raising interest rates on interest-only loans, how the “wage-price spiral” impacts the economy, and how borrowers and investors can prepare for interest rate hikes. He also shares how the population’s overall debt impacts the economy’s vulnerability and the impact that very low interest rates can have on investment markets. Don’t miss this week’s segment of Reuben’s Rants where I share my thoughts on the recent news of two of Australia’s largest banks, Commonwealth Bank and Westpac Bank, cutting 0.3 percent of interest rat